gold & silver down but fundamentals same
"Twist" action by the US government to sell short-term bonds and buy long-term bonds doesn't get rid of the short-term bonds, someone will still have them.
There's still a massive foreign debt which Jim Sinclair said in 2011 will result in gold prices of $12,544 in 2015.
Remember in 2003 he correctly predicted $1650 for gold in 2011.
Nothing has changed his earlier 2011 predictions for gold and silver to break $2000 and $50 around the end of 2011.
So I'm holding both.
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